Accounting Information and Capital Markets

Dear Colleagues,

This Special Issue, “Accounting Information and Capital Markets,” explores how accounting information influences the behavior of investors, analysts, and other market participants. As capital markets become more complex and information-driven, the role of financial and non-financial disclosures has grown increasingly important for market efficiency and resource allocation.

I welcome theoretical and empirical contributions that investigate the mechanisms through which accounting information—such as earnings announcements, management forecasts, audit outcomes, or ESG disclosures—affects asset pricing, trading behavior, information asymmetry, and corporate valuation. Research that leverages innovative methodologies, cross-country data, or interdisciplinary perspectives is especially encouraged.

Topics of interest include, but are not limited to, the following:

• The value relevance of financial reporting.
• The impact of disclosure regulation and enforcement.
• Investor response to financial and ESG disclosures.
• Audit quality and market confidence.
• Information asymmetry and trading efficiency.
• Technology-driven innovations in reporting and disclosure.
• International comparisons of disclosure effectiveness.

This Special Issue aims to extend the existing literature by addressing underexplored areas and emerging developments in how accounting information shapes capital market outcomes. By bringing together cutting-edge research in this domain, I hope to foster a deeper understanding of the intersection between accounting and market behavior.

Dr. Hongkang Xu
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the Special Issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 250 words) can be sent to the Editorial Office for assessment.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-anonymized peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.